Devaluation And The Stability Of The Trade Balance

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Devaluation and the Stability of the Trade Balance

Author : Evangelos A. Devletoglou
Publisher : Unknown
Page : 88 pages
File Size : 47,6 Mb
Release : 1966
Category : Balance of trade
ISBN : STANFORD:36105120558205

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Devaluation and the Stability of the Trade Balance by Evangelos A. Devletoglou Pdf

Devaluation, Relative Prices, and International Trade

Author : Ms.Carmen Reinhart
Publisher : International Monetary Fund
Page : 30 pages
File Size : 40,9 Mb
Release : 1994-11-01
Category : Business & Economics
ISBN : 9781451928679

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Devaluation, Relative Prices, and International Trade by Ms.Carmen Reinhart Pdf

Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to a real devaluation and if trade flows respond to relative prices in a significant and predictable manner. However, a recent strand in the empirical trade literature has questioned the existence of a stable relationship between trade flows and its traditional determinants. This paper re-examines the relationship between relative prices and imports and exports in a sample of 12 developing countries.

International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination

Author : Mario Baldassarri,Luigi Paganetto,Edmund S. Phelps
Publisher : Springer
Page : 437 pages
File Size : 54,6 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349222568

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International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination by Mario Baldassarri,Luigi Paganetto,Edmund S. Phelps Pdf

The subject of this book is the kind of economic interaction and interdependence that has arisen among nations in the contemporary world economy, the nature and significance of the pattern of trade balances that have resulted from them, and the question of what, if anything, should be done by national governments about that pattern. The need for international coordination of economic policies is also investigated.

Devaluation, Relative Prices, and International Trade

Author : Carmen M. Reinhart
Publisher : Unknown
Page : 30 pages
File Size : 45,7 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291213008

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Devaluation, Relative Prices, and International Trade by Carmen M. Reinhart Pdf

Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if it translates to a real devaluation and if trade flows respond to relative prices in a significant and predictable manner. However, a recent strand in the empirical trade literature has questioned the existence of a stable relationship between trade flows and its traditional determinants. This paper re-examines the relationship between relative prices and imports and exports in a sample of 12 developing countries.

NAFTA and Peso Devaluation

Author : United States. Congress. House. Committee on Small Business
Publisher : Unknown
Page : 156 pages
File Size : 45,7 Mb
Release : 1994
Category : Business & Economics
ISBN : PSU:000051166939

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NAFTA and Peso Devaluation by United States. Congress. House. Committee on Small Business Pdf

Finance Constraints and the Theory of Money

Author : S. C. Tsiang
Publisher : Academic Press
Page : 417 pages
File Size : 42,5 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483276083

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Finance Constraints and the Theory of Money by S. C. Tsiang Pdf

Finance Constraints and the Theory of Money: Selected Papers gathers together the work of S. C. Tsiang, one of the most cogent critics of the Keynesian stock approach to money in all its forms and one of the foremost champions of the flow approach. Tsiang's papers focus on finance constraints and the theory of money, tackling topics such as the role of money in trade-balance stability and the monetary theoretic foundation of the modern monetary approach to the balance of payments, as well as the diffusion of reserves and the money supply multiplier. Comprised of 17 chapters, this volume begins by providing a background to the development of Tsiang's thinking on monetary theory and why he objected to the Keynesian stock equilibrium approach to money. The reader is then introduced to speculation and income stability; misconceptions in monetary theory and their influences on financial and banking practices; and liquidity preference in general equilibrium analysis. Subsequent chapters deal with the optimum supply of money; the total inadequacy of "Keynesian" balance of payments theory; and the rationale of the mean-standard deviation analysis, skewness preference, and the demand for money. This book will be a useful resource for practitioners interested in economic theory, econometrics, and mathematical economics.

U.S. International Trade in Goods and Services

Author : Anonim
Publisher : Unknown
Page : 588 pages
File Size : 40,5 Mb
Release : 2024-06-28
Category : Commercial statistics
ISBN : STANFORD:36105113729870

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U.S. International Trade in Goods and Services by Anonim Pdf

International Trade and Economic Growth (Collected Works of Harry Johnson)

Author : Harry G. Johnson
Publisher : Routledge
Page : 174 pages
File Size : 40,9 Mb
Release : 2013-07-18
Category : Business & Economics
ISBN : 9781134622795

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International Trade and Economic Growth (Collected Works of Harry Johnson) by Harry G. Johnson Pdf

The studies collected in this volume embody the results of research conducted in the mid 1950s into various theoretical problems in international economics. They fall into three groups – comparative cost theory, trade and growth and balance of payments theory. This volume consolidates the work of previous theorists and applies mathematically-based logical analysis to theoretical problems of economic policy.

A Retrospective on the Bretton Woods System

Author : Michael D. Bordo,Barry Eichengreen
Publisher : University of Chicago Press
Page : 692 pages
File Size : 49,8 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226066905

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A Retrospective on the Bretton Woods System by Michael D. Bordo,Barry Eichengreen Pdf

At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.

International Trade Policies in the Era of Globalization

Author : Co?kun ™zer, Ahu
Publisher : IGI Global
Page : 363 pages
File Size : 50,8 Mb
Release : 2019-07-05
Category : Business & Economics
ISBN : 9781522595687

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International Trade Policies in the Era of Globalization by Co?kun ™zer, Ahu Pdf

Though globalization has removed commercial walls between countries and implemented new international trade policies, trade barriers still exist. Due to the various political barriers surrounding other countries, the future of world trade has become uncertain. Understanding these barriers and their implications is imperative to implementing successful foreign trade policies. International Trade Policies in the Era of Globalization provides relevant theoretical frameworks and the latest empirical research findings on international trade and improves the understanding of the strategic role of trade policies and their importance in the global economy. The content within this publication contains reports on global trade, trade wars, and foreign policy. This research is designed for policymakers, government officials, economists, business professionals, researchers, and international business students.

Trade Policy Disaster

Author : Douglas A. Irwin
Publisher : MIT Press
Page : 211 pages
File Size : 43,6 Mb
Release : 2011-10-21
Category : Business & Economics
ISBN : 9780262297745

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Trade Policy Disaster by Douglas A. Irwin Pdf

The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis. The recent economic crisis—with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment—has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time. Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.

International Trade and Economic Growth

Author : Harry Gordon Johnson
Publisher : Unknown
Page : 1376 pages
File Size : 54,5 Mb
Release : 1880
Category : Commerce
ISBN : CHI:11126768

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International Trade and Economic Growth by Harry Gordon Johnson Pdf

The Exchange Stability Problem

Author : G. Stuvel
Publisher : Unknown
Page : 262 pages
File Size : 43,8 Mb
Release : 1951
Category : Balance of payments
ISBN : UCAL:$B668329

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The Exchange Stability Problem by G. Stuvel Pdf